BillionaireNet
Dongqi
Qian Dongqi
Rank #915
CHINAManufacturingHome-cleaning robots

Qian Dongqi

Net Worth
$4.417B
-3.2% (24h)
Qian Dongqi, a self-made billionaire, is the founder and chairman of Ecovacs Robotics, a leading Chinese company specializing in home-cleaning robots. Born in China and educated at Nanjing University with a master's in Philosophy, Qian's career began in international business before he identified the potential in robotics. Under his leadership, Ecovacs has become a global force in the home appliance industry, with a wide range of products including robotic vacuum cleaners, window cleaners, and air purifiers. His journey exemplifies entrepreneurial spirit and strategic foresight, leading to his current estimated net worth of $5.05 billion as of November 5, 2025, and a rank of 94 on China's 100 Richest list.

The Full Dossier

Early Life and Education

Qian Dongqi was born in China and grew up in a modest environment where hard work and perseverance were highly valued. From a young age, he displayed an entrepreneurial spirit and a keen interest in engineering and technology. Qian graduated from Nanjing University in 1987, before earning his master's degree in philosophy. His education laid a solid foundation for his future endeavors, equipping him with the skills and knowledge necessary to navigate the complexities of the industrial and technological landscapes.

Rise to Success

Qian's career began with experience in international business and imports and exports. In 1998, he founded the ECOVACS Group, initially as TEK Electrical Company, an original equipment manufacturer for vacuum cleaners. He saw the growing demand for automation and smart solutions in the home appliances sector, which inspired him to transition the company toward robotics. In 2006, Ecovacs Robotics was established as a subsidiary dedicated to the development and production of robotic vacuum cleaners.

Key Business Strategies

Ecovacs Robotics focuses on independent research and development (R&D) towards robot and AI innovation. One of the company's breakthrough products was the DEEBOT, a line of robotic vacuum cleaners that gained popularity for their efficiency and ease of use. His strategic investments and entrepreneurial initiatives have positioned him as a key player in China's evolving economy, influencing trends and developments across various sectors. Today, Ecovacs operates in over 60 countries.

Philanthropy

Beyond his contributions to the business world, Qian Dongqi is also a dedicated philanthropist. He believes in giving back to society and has supported various initiatives aimed at improving education, healthcare, and environmental sustainability.

Career Timeline

2018

Ecovacs Robotics IPO

Ecovacs Robotics went public on the Shanghai Stock Exchange.

2006

Ecovacs Robotics Established

Ecovacs Robotics was established as a subsidiary dedicated to the development and production of robotic vacuum cleaners.

1998

Founded Ecovacs Group

Founded the ECOVACS Group, initially as TEK Electrical Company, an original equipment manufacturer for vacuum cleaners.

Wealth Trajectory